Auditing Standard ASA 315 Identifying and Assessing the Risks of Material Misstatement
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AUTHORITY STATEMENT
Auditing Standard ASA 315 Identifying and Assessing the Risks of Material Misstatement (as amended to 27 April 2022) is set out in paragraphs Aus 0.1 to A241 and Appendices 1 to 6.
This Auditing Standard is to be read in conjunction with ASA 101 Preamble to AUASB Standards, which sets out how AUASB Standards are to be understood, interpreted and applied. This Auditing Standard is to be read also in conjunction with ASA 200 Overall Objectives of the Independent Auditor and the Conduct of an Audit in Accordance with Australian Auditing Standards.